The Portsmouth Public Schools (PPS) Department of Budget and Finance received notification it has
earned not just one, but two, national awards for its financial reporting.
First, the Government Finance Officers Association of the United States and Canada (GFOA) awarded the
Certificate of Achievement for Excellence in Financial Reporting to PPS for its annual comprehensive
financial report for the fiscal year ended June 30, 2023.
According to the GFOA, based on judgments from an impartial panel, the report met “the high standards
of the program, which includes demonstrating a constructive ‘spirit of full disclosure’ to clearly
communicate its financial story and motivate potential users and user groups to read the report.” This
honor is considered to be the highest form of recognition in the area of governmental accounting and
financial reporting, and its attainment represents a significant accomplishment by a government and its
management.
In addition, PPS also earned the Certificate of Excellence in Financial Reporting from the Association of
School Business Officials International (ASBO) for its Annual
Comprehensive Financial Report (ACFR) for the fiscal year ended 2023. The ASBO reserves this
honor for divisions “that have met the program’s high standards for financial reporting and
transparency.”
Congratulations to the PPS Budget and Finance team!